Spain is impatiently awaiting the arrival of its “new owner”. The Casa 47 social housing program, an entity which replaces the former SEPES and operates under the supervision of the Ministry of Housing and Urban Agenda, comes with the promise of facilitating access to affordable rentals for young people and families which, until now, could not afford it on the free market.
Among its main characteristics, Casa 47 offers rentals for up to 75 years, with prices adapted to the income level of candidates and payment facilities designed to ensure long-term stability. Additionally, the homes feature modern design, energy efficiency and a strategic location close to basic services and public transportation.
Now the question many hope to answer arises: who can access this program and What are the financial conditions necessary to be part of Casa 47?
Who will be able to rent a Casa 47 house?
The Ministry of Housing has already established the economic profile of those who will be able to access affordable rental housing at Casa 47. The central condition will be income: Candidates must receive income between 2 and 7.5 times the IPREM, the value of which in 2025 remains at 600 euros per month. This places the range between 16,800 and 63,000 euros per year. However, to the first economic filter will be added others of a heritage nature, which the ministry has not yet specified.
With this, Housing maintains that this model will reach “up to 60% of the population” having difficulty accessing the free market. In addition, for those who have income Below 16,800 euros per year, the department recalls that “they are supported thanks to social housing”. And, at the opposite extreme, he considers that the highest incomes are excluded from the program because “it is understood that they should not have problems accessing the free market”.
The ministry insists on the fact that the width of the band responds to a problem of access to housing which it describes as “transversal”, particularly pronounced among young people and the working classes. The formula chosen to set prices is based on a basic principle: that rents do not exceed 30% of the average income of tenantsa limit taken as a reference to guarantee sustainable payments.
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